Comparable sales & offer analysis
Parcel MI-735969
Ontonagon County, MI · 45.30 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$134,400
Adjusted value
$108,519
Value range
$82,745–$134,292
Comp $/acre
$2,396/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.8% versus the adjusted value.
Offer position
Max allowable offer
$62,011
Offer $/acre
$1,369/ac
Projected profit
$32,556
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MI-305949 | 44.6 | Mar 9, 2026 | $93,100 | 2,086 | 1,816 | 87 |
| MI-916333 | 59.0 | Jul 27, 2026 | $217,200 | 3,684 | 2,745 | 82 |
| MI-725451 | 31.1 | Jul 27, 2026 | $81,900 | 2,633 | 2,023 | 80 |
| MI-995497 | 32.2 | Sep 2, 2024 | $123,700 | 3,846 | 3,208 | 76 |
| MI-125550 | 33.4 | Jul 26, 2025 | $68,100 | 2,036 | 1,726 | 71 |
| MI-344546 | 16.2 | Apr 10, 2026 | $64,100 | 3,968 | 3,443 | 69 |
| MI-714730 | 18.5 | Oct 24, 2025 | $56,400 | 3,056 | 2,744 | 67 |
| MI-817631 | 151.0 | Jul 27, 2026 | $183,100 | 1,212 | 2,035 | 67 |
| MI-316819 | 83.8 | Feb 4, 2025 | $154,500 | 1,843 | 2,265 | 66 |
| MI-295207 | 26.1 | Mar 7, 2024 | $51,200 | 1,964 | 1,993 | 64 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.